ISOLATIE & CONSTRUCTIE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
ISOLATIE & CONSTRUCTIE
NACE 77.110, Renting and leasing of cars and light motor vehicles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€19,587
2024 · €407,145-€387,557
Equity
€28,994
2024 · €9,407+€19,587
Cash
€46,878
2024 · €128,721-€81,843
Balance sheet total
€56,520
2024 · €182,693-€126,173
Largest movements
Assets
- Cash -€81,843
down €81,843 (-63.6%), from €128,721 to €46,878
mainly Other debts (-€146,919)
- Receivables within one year -€42,771
down €42,771 (-83.3%), from €51,337 to €8,566
of which Trade receivables: -€40,626
Equity and liabilities
- Other debts -€146,919
down €146,919 (-85.4%), from €172,111 to €25,192
- Profit (loss) carried forward +€19,587
up €19,587 (+3.5%), from -€565,569 to -€545,981
Income statement
- Gross operating margin -€674,260
down €674,260, from €663,321 to -€10,939
- Write-downs -€293,121
down €293,121, from €279,640 to -€13,481
- Financial income -€9,361
down €9,361 (-99.6%), from €9,403 to €42
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€407,145
Gross operating margin
-€674,260
Staff costs
+€640
Depreciation
+€301
Write-downs
+€293,121
Other operating charges
+€200
Other operating items
+€135
Financial income
-€9,361
Financial charges
+€1,667
Result 2025
€19,587
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€81,843
Investment
€0
Financing
€0
Cash 2024
€128,721
From operations (derived)
-€81,843
Net result for the year
+€19,587
Depreciation
+€314
Receivables within one year
+€42,771
Deferred charges and accrued income
+€1,245
Trade debts
+€1,143
Other debts
-€146,919
Accrued charges and deferred income
+€15
Cash 2025
€46,878
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €182,693 | €56,520 | -€126,173 | -69.1% |
| Fixed assets | 21/28 | €314 | €0 | -€314 | -100% |
| Tangible fixed assets | 22/27 | €314 | €0 | -€314 | -100% |
| Plant, machinery and equipment | 23 | €314 | €0 | -€314 | -100% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €182,379 | €56,520 | -€125,859 | -69.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €51,337 | €8,566 | -€42,771 | -83.3% |
| Trade receivables | 40 | €44,192 | €3,566 | -€40,626 | -91.9% |
| Other amounts receivable | 41 | €7,145 | €5,000 | -€2,145 | -30.0% |
| Cash at bank and in hand | 54/58 | €128,721 | €46,878 | -€81,843 | -63.6% |
| Deferred charges and accrued income | 490/1 | €2,321 | €1,076 | -€1,245 | -53.7% |
| Total equity and liabilities | 10/49 | €182,693 | €56,520 | -€126,173 | -69.1% |
| Equity | 10/15 | €9,407 | €28,994 | +€19,587 | +208% |
| Contributions | 10/11 | €136,341 | €136,341 | = | 0.0% |
| Capital | 10 | €136,341 | €136,341 | = | 0.0% |
| Issued capital | 100 | €136,341 | €136,341 | = | 0.0% |
| Reserves | 13 | €438,634 | €438,634 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,634 | €13,634 | = | 0.0% |
| Legal reserve | 130 | €13,634 | €13,634 | = | 0.0% |
| Distributable reserves | 133 | €425,000 | €425,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€565,569 | -€545,981 | +€19,587 | +3.5% |
| Amounts payable | 17/49 | €173,286 | €27,526 | -€145,760 | -84.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €173,286 | €27,511 | -€145,775 | -84.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,175 | €2,318 | +€1,143 | +97.3% |
| Suppliers | 440/4 | €1,175 | €2,318 | +€1,143 | +97.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €172,111 | €25,192 | -€146,919 | -85.4% |
| Accrued charges and deferred income | 492/3 | €0 | €15 | +€15 | |
| Non-recurring operating income | 76A | €707,728 | €2,000 | -€705,728 | -99.7% |
| Remuneration, social security and pensions | 62 | -€23,706 | -€24,346 | -€640 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €615 | €314 | -€301 | -48.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €279,640 | -€13,481 | -€293,121 | |
| Other operating charges | 640/8 | €4,316 | €4,116 | -€200 | -4.6% |
| Non-recurring operating charges | 66A | €135 | €0 | -€135 | -100% |
| Gross operating margin | 9900 | €663,321 | -€10,939 | -€674,260 | |
| Operating profit (loss) | 9901 | €402,321 | €22,457 | -€379,863 | -94.4% |
| Financial income | 75/76B | €9,403 | €42 | -€9,361 | -99.6% |
| Recurring financial income | 75 | €9,403 | €42 | -€9,361 | -99.6% |
| Financial charges | 65/66B | €4,579 | €2,912 | -€1,667 | -36.4% |
| Recurring financial charges | 65 | €4,579 | €2,912 | -€1,667 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €407,145 | €19,587 | -€387,557 | -95.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €407,145 | €19,587 | -€387,557 | -95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €407,145 | €19,587 | -€387,557 | -95.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.